Britain's Foreign Secretary James Cleverly has warned that Russian President Vladimir Putin may use a ceasefire to rearm. AFP.
Britain's Foreign Secretary James Cleverly has warned that Russian President Vladimir Putin may use a ceasefire to rearm. AFP.
Britain's Foreign Secretary James Cleverly has warned that Russian President Vladimir Putin may use a ceasefire to rearm. AFP.
Britain's Foreign Secretary James Cleverly has warned that Russian President Vladimir Putin may use a ceasefire to rearm. AFP.

Putin may use Ukraine peace talks to rearm, UK foreign minister warns


Neil Murphy
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President Vladimir Putin could use any peace talks over Ukraine as an opportunity to rebuild Russia’s battered forces for a fresh onslaught, UK Foreign Secretary James Cleverly has warned.

Mr Cleverly said western powers needed to be “very, very careful” in the event the Russian leader seeks to initiate negotiations purporting to seek an end to the conflict.

In an interview with The Daily Telegraph, he said there was a risk “a ceasefire is actually just used by Putin to train up more troops and to produce more ammunition and to refit his damaged armed forces and to rearm his armed forces”.

His warning came after US President Joe Biden said he would be prepared to talk to Mr Putin if he was genuinely looking to end the war — something that has not happened so far.

French President Emmanuel Macron has also said he would carry on speaking to the Russian leader to try to prevent any further escalation and to achieve “very concrete results” such as ensuring the safety of nuclear plants.

However, Mr Cleverly, who this week attended a meeting of Nato foreign ministers in Bucharest, questioned whether Mr Putin would really engage “in good faith”.

  • The coffin of Valeriy Krasnyan is brought out of St. Michael's Golden-Domed Monastery in Kyiv. Getty Images
    The coffin of Valeriy Krasnyan is brought out of St. Michael's Golden-Domed Monastery in Kyiv. Getty Images
  • Repairmen work near a residential building damaged following a missile attack in Vyshgorod, outside of Kyiv. AFP
    Repairmen work near a residential building damaged following a missile attack in Vyshgorod, outside of Kyiv. AFP
  • An elderly man walks in front of a residential building damaged following a missile attack in Vyshgorod. AFP
    An elderly man walks in front of a residential building damaged following a missile attack in Vyshgorod. AFP
  • A boy kisses a dog while he charges his phone at the heating tent dubbed a Point of Invincibly in Bucha, Ukraine. AP
    A boy kisses a dog while he charges his phone at the heating tent dubbed a Point of Invincibly in Bucha, Ukraine. AP
  • A couple uses a laptop in the heating tent. AP
    A couple uses a laptop in the heating tent. AP
  • Workers dig out a tire from the rubble of a destroyed storage building at a grain processing center so they can use it for repairs in Siversk, Donetsk region. Reuters
    Workers dig out a tire from the rubble of a destroyed storage building at a grain processing center so they can use it for repairs in Siversk, Donetsk region. Reuters
  • The Chernihiv region found itself on the frontline of Russia's invasion in February, when Moscow's forces were attempting to quickly seize Kyiv. Getty
    The Chernihiv region found itself on the frontline of Russia's invasion in February, when Moscow's forces were attempting to quickly seize Kyiv. Getty
  • Russia ultimately retreated from northern Ukraine to focus its attack on the east and south. Getty
    Russia ultimately retreated from northern Ukraine to focus its attack on the east and south. Getty
  • The city of Chernihiv on November 28, 2022 in Chernihiv, Ukraine. Getty
    The city of Chernihiv on November 28, 2022 in Chernihiv, Ukraine. Getty
  • A worker fits in new windows of a building in Chernihiv. Getty
    A worker fits in new windows of a building in Chernihiv. Getty
  • People receive food from AFAT - Disaster and Emergency Management Presidency in Chernihiv. Getty
    People receive food from AFAT - Disaster and Emergency Management Presidency in Chernihiv. Getty
  • The people Chernihiv queue up for hot food. Getty
    The people Chernihiv queue up for hot food. Getty
  • Oleksandr Antonenko stands on a balcony of his apartment damaged by a recent Russian military strike in Kherson. Reuters
    Oleksandr Antonenko stands on a balcony of his apartment damaged by a recent Russian military strike in Kherson. Reuters
  • Mr Antonenko and his mother Liudmyla inside their apartment recently damaged by a Russian military strike in Kherson. Reuters
    Mr Antonenko and his mother Liudmyla inside their apartment recently damaged by a Russian military strike in Kherson. Reuters
  • A woman walks in an underpass in Kyiv, on November 26, 2022. AFP
    A woman walks in an underpass in Kyiv, on November 26, 2022. AFP
  • Friends hug after the arrival of a train in the southern city of Kherson. Getty
    Friends hug after the arrival of a train in the southern city of Kherson. Getty
  • Residents sort through donated clothing at an aid centre in Kherson. Getty
    Residents sort through donated clothing at an aid centre in Kherson. Getty
  • A Ukrainian soldier stands with a machinegun near Liman in the Donetsk region. AP
    A Ukrainian soldier stands with a machinegun near Liman in the Donetsk region. AP
  • Children attend a physical education class at Spilno School in Kyiv. Getty
    Children attend a physical education class at Spilno School in Kyiv. Getty
  • A woman embraces her friend, a soldier in the Ukrainian army, in Kherson. AFP
    A woman embraces her friend, a soldier in the Ukrainian army, in Kherson. AFP
  • Residents inspect a crater left by a Russian military strike in the village of Komyshuvakha in the Zaporizhzhia region. Reuters
    Residents inspect a crater left by a Russian military strike in the village of Komyshuvakha in the Zaporizhzhia region. Reuters
  • Resident Tetiana Reznychenko walks past a work by world-renowned graffiti artist Banksy, on the wall of a destroyed building in the Ukrainian village of Horenka. Reuters
    Resident Tetiana Reznychenko walks past a work by world-renowned graffiti artist Banksy, on the wall of a destroyed building in the Ukrainian village of Horenka. Reuters
  • Ukrainian soldiers fire artillery at Russian positions near Bakhmut in the Donetsk region. AP
    Ukrainian soldiers fire artillery at Russian positions near Bakhmut in the Donetsk region. AP
  • A fisherman sails his boat on the Dnipro as black smoke rises from an oil reserve in Kherson. AFP
    A fisherman sails his boat on the Dnipro as black smoke rises from an oil reserve in Kherson. AFP

“The point is that we’ve got to be very, very careful if ‘peace’ talks — and I use the word ‘peace’ in inverted commas there — [are] initiated by Vladimir Putin,” he said.

He added that if the Russians used any pause in the fighting simply as cover to rearm, there could be even further trouble down the line.

“Then all that will happen is we’ll see exactly these scenes again, but maybe, what, I don’t know, six, 12, 18 months’ time,” he said.

Mr Cleverly added: “The resolution to this needs to be sustainable, it needs to be meaningful, it needs to be real.

“What we have got to watch out for is a pause being utilised by Russia as just a way of making sure that its next phase of aggression is more effective than this current phase.

“And look, Vladimir Putin has got form on this. Georgia, that was going to be a one-off, wasn’t it? Crimea, that was going to be a one-off, wasn’t it? Eastern Ukraine, that was going to be a one-off.

“And actually what we saw is they were all building up towards this most latest wave of aggression.”

Bundesliga fixtures

Saturday, May 16 (kick-offs UAE time)

Borussia Dortmund v Schalke (4.30pm) 

RB Leipzig v Freiburg (4.30pm) 

Hoffenheim v Hertha Berlin (4.30pm) 

Fortuna Dusseldorf v Paderborn  (4.30pm) 

Augsburg v Wolfsburg (4.30pm) 

Eintracht Frankfurt v Borussia Monchengladbach (7.30pm)

Sunday, May 17

Cologne v Mainz (4.30pm),

Union Berlin v Bayern Munich (7pm)

Monday, May 18

Werder Bremen v Bayer Leverkusen (9.30pm)

Ten tax points to be aware of in 2026

1. Domestic VAT refund amendments: request your refund within five years

If a business does not apply for the refund on time, they lose their credit.

2. E-invoicing in the UAE

Businesses should continue preparing for the implementation of e-invoicing in the UAE, with 2026 a preparation and transition period ahead of phased mandatory adoption. 

3. More tax audits

Tax authorities are increasingly using data already available across multiple filings to identify audit risks. 

4. More beneficial VAT and excise tax penalty regime

Tax disputes are expected to become more frequent and more structured, with clearer administrative objection and appeal processes. The UAE has adopted a new penalty regime for VAT and excise disputes, which now mirrors the penalty regime for corporate tax.

5. Greater emphasis on statutory audit

There is a greater need for the accuracy of financial statements. The International Financial Reporting Standards standards need to be strictly adhered to and, as a result, the quality of the audits will need to increase.

6. Further transfer pricing enforcement

Transfer pricing enforcement, which refers to the practice of establishing prices for internal transactions between related entities, is expected to broaden in scope. The UAE will shortly open the possibility to negotiate advance pricing agreements, or essentially rulings for transfer pricing purposes. 

7. Limited time periods for audits

Recent amendments also introduce a default five-year limitation period for tax audits and assessments, subject to specific statutory exceptions. While the standard audit and assessment period is five years, this may be extended to up to 15 years in cases involving fraud or tax evasion. 

8. Pillar 2 implementation 

Many multinational groups will begin to feel the practical effect of the Domestic Minimum Top-Up Tax (DMTT), the UAE's implementation of the OECD’s global minimum tax under Pillar 2. While the rules apply for financial years starting on or after January 1, 2025, it is 2026 that marks the transition to an operational phase.

9. Reduced compliance obligations for imported goods and services

Businesses that apply the reverse-charge mechanism for VAT purposes in the UAE may benefit from reduced compliance obligations. 

10. Substance and CbC reporting focus

Tax authorities are expected to continue strengthening the enforcement of economic substance and Country-by-Country (CbC) reporting frameworks. In the UAE, these regimes are increasingly being used as risk-assessment tools, providing tax authorities with a comprehensive view of multinational groups’ global footprints and enabling them to assess whether profits are aligned with real economic activity. 

Contributed by Thomas Vanhee and Hend Rashwan, Aurifer

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Ain Dubai in numbers

126: The length in metres of the legs supporting the structure

1 football pitch: The length of each permanent spoke is longer than a professional soccer pitch

16 A380 Airbuses: The equivalent weight of the wheel rim.

9,000 tonnes: The amount of steel used to construct the project.

5 tonnes: The weight of each permanent spoke that is holding the wheel rim in place

192: The amount of cable wires used to create the wheel. They measure a distance of 2,4000km in total, the equivalent of the distance between Dubai and Cairo.

Updated: December 03, 2022, 8:25 AM